Section 5 of Sales Tax Act, 1990 has defined applicable tax rates to be charged under sales tax law. The Federal Board of Revenue (FBR) issued the Sales Tax Act, 1990 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. 5. Change in the rate of tax.– If there is a change in the rate … Continue reading Applicable tax rates to be charged under sales tax law